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20121112
20121112
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over to ramin standing by for us at the tokyo stock exchange. we saw big losses across the board for stocks globally last week. what's expected this week. >> good morning. there's some concerns for global stocks, and we see their concerns about the so-called fiscal cliff, of course, in the united states. a combination of tax increases exami and spending cuts and could push the u.s. economy into a recession as all eyes are on how that develops. here in japan, too, the nikkei was down 3.75% last week, so we saw that play into the markets as well. the gdp figure is coming at 0.9% for the july-to-september period. we'll see how that is translating into the opening levels. let's go to the opening levels for the nikkei and topix for many monday, november 12th. both indices are down by half a percent there. the nikkei closed out last week at a four-week low as the yen gained against the dollar and euro. the japanese currency rose. really investors shifting money into yen-based assets and the higher yen weighing on export issues. this is at a time when many japanese corporations are rele
in the near future. he used the word "soon," and noda has been trying to find a suitable time to dissolve the diet. but the election can take place next month at the earliest. but as the polls suggest, this may not be a favorable time for noda or his party. he knows that an election held now could lead to a dramatic drop in the number of lawmakers sitting alongside him. but there is no guarantee, on the other hand, that the outlook will improve, even if he postpones the vote. sooner or later noda will have to make that decision. >>> china's hu jintao has overseen an economy that's expanded year after year during his ten years as president. but many rural chinese have missed out. they've watched their neighbors get wealthier and wealthier. that's left many seething with resentment. and some are trying to find solace in their faith. nhk world's michitaka yamaka explains. >> reporter: about 300 people live in this village on the yellow river in gansu province. more than two-thirds of the residents work the ground. that includes this man. he lives with his wife. their life is close so self-su
the heads of the german and portuguese governments has reached new heights. >> the way they treat us is a joke. he is no more than merkel's puppet and what they're doing is just wrong. the sacrifices we are being asked to make our a reasonable. "she is just one of many voices calling on them to live within their means but many face an uncertain future with increasing poverty levels and they are determined to resist any more economic pain. >> as we just saw, the portuguese austerity measures are not very popular. we asked our correspondence much and she had today to convince the portuguese of the need for continued austerity. >> she said she is here to see firsthand how the process is going on. her colleague told her about the process and of course she was already a winner of the statistics showing portugal is on track, as they always say they are, but unfortunately people have to suffer when the country is on track because they have to suffer cuts in wages and pay more taxes. they have to see and live with a growing unemployment rate. it's really complicated to deal with those extrem
Search Results 0 to 2 of about 3